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Does this merely postpone the inevitable if it turns out to be true? Buy time for more Shocker folks to get on the football bandwagon? Keep things pretty much the way they are?
According to sources familiar with the deal, Texas stands to earn between $20 million and $25 million in television revenue, including money from its own network. The UT network figures to generate between $3 million and $5 million, according to sources.
According to sources, the deal will mean more money for Texas, Texas A&M and Oklahoma, who all stand receive $20 million from the new deal. The other seven schools in the Big 12 would make between $14 million and $17 million, but would nearly double what they currently receive in TV revenue (roughly $7 million to $9 million).
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